Fraud, Scams & Cybercrime

Korea's IBK Faces Scrutiny Over Internal Controls After $60m China Fraud

27/08/2026

A third-party platform allegedly diverted loan repayments for over six months, exposing significant internal control weaknesses and prompting regulatory questions.

Anti-Bribery & Corruption

Hong Kong Banker Found Guilty of Disclosing ICAC Probe

27/08/2026

A former Chiyu Bank manager has been convicted for illegally disclosing details of an anti-corruption investigation to a family member.

Cybersecurity

Japan FSA Seeks Record JPY 40 Billion Budget for FY2027

27/08/2026

The regulator plans a significant funding increase to bolster SME support through regional banks and enhance cybersecurity defences against advanced AI threats.

Emerging Prudential Risks

FSC Korea Announces Launch of Patient Capital Tech Fund

27/08/2026

The new fund will provide long-term financing for deep-tech sectors and mandates diversification beyond AI and semiconductors to mitigate concentration risk.

AI Risk & Governance

China Issues Five-Year Plan to Boost Cyberspace Firms

26/08/2026

The 2026-2030 action plan outlines measures to expand financing, regulate data flows, and drive innovation for technology firms.

Structural Regulation

Indonesia Launches Bullion Association to Formalise Gold Market

26/08/2026

The new association aims to integrate the country's vast privately held gold reserves into the formal financial system and strengthen market infrastructure.

Market Risk

Korea Expands Scope of Margin Rules for OTC Derivatives

26/08/2026

Regulators have extended guidelines for non-cleared derivatives for another year, increasing the number of financial firms required to exchange margin from September.

Supervision & Enforcement

SFC Bans Former Responsible Officer for 10Yrs for Window Dressing

26/08/2026

The SFC has revoked the licence of Chan Tsz Kin Ernest for orchestrating a scheme to falsify a firm's liquid capital position.

Anti-Money Laundering

Cambodia and US Seize $7m in Crypto Linked to Sinaloa Cartel

26/08/2026

A joint operation dismantled a cryptocurrency money laundering network, highlighting a growing nexus between Latin American cartels and Southeast Asian financial systems.